Nike Shares Are Down

Nike reports third-quarter results after the closing bell Thursday. Wall Street expects earnings-per-share to decline, but revenue to rise. Shares are down 0.74% early Thursday. Wall Street expects earnings of $0.53 a share on revenue of $8.85 billion, Bloomberg data shows. That would mark an almost 22% year-over-year drop in earnings. The company's second-quarter results showed that, while it's expanding internationally, demand in North America weakened.